How Donald Trump’s Order On Dollar Payment Rails Could Be A Game-Changer For ...
Ripple and XRP could be among the biggest winners of a new executive order signed by US President Donald Trump this week. The order directs federal regulators to review whether crypto companies can access the country’s dollar payment system. This move could be a game-changer for XRP, as it would determine how digital asset firms […]
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The US Department of the Treasury and other federal agencies are expected to disclose their holdings of Bitcoin (BTC) and other cryptocurrencies on April 5. The upcoming reveal stems from President Donald Trump’s executive order on March 6, which called for the formation of both a Strategic Bitcoin Reserve (SBR) and a broader Digital Asset […]
Mexico’s biggest cash cow is under siege as Donald J. Trump threatens to tax or halt remittances to the country in order to pay for his border wall. Western Union Shares Dive. Following Trump’s executive order to start building the southern border wall issued on Wednesday, markets are already taking into account the possibility of a tax on remittances from the U.S. to Mexico. This is already being felt by such remittance giants as Western Union whose shares dropped 2.44% today. As a whole, the legacy remittance industry has been facing increasing competition from fintech and money transfer....
Recent reports revealed that another member of the US House of Representatives will introduce a new bill on March 14 to codify US President Donald Trump’s executive order for a Strategic Bitcoin Reserve (SBR). This move follows recent efforts by several US lawmakers to formalize and protect Trump’s crypto plan. Related Reading: Trump Family Allegedly […]
Last week, President Donald Trump signed an executive order to build a wall along the U.S.–Mexico border as he had promised during his presidential election campaign. Aside from the ethical and practical issues of building the border wall, the issue of how it will be financed was also raised by opponents during his campaign. Trump’s proposed solution to funding the wall is either to heavily tax U.S.–Mexico remittances or to fully prohibit them altogether, so that the funds needed to build the wall will stay in the U.S. According to the World Bank, U.S.–based Mexican immigrants send around....
The only asset to thrive in the aftermath of Trump’s win was Bitcoin, strengthening its status as the modern day safe haven. Donald Trump is definitely one of the most controversial and polarizing figures of our times. So much so, that his win in the elections had led to an air of uncertainty in the world economy causing it to stumble as a result. The only asset to thrive in the aftermath of Trump’s win was Bitcoin, strengthening its status as the modern day safe haven. January 20th 2017, marked the day of Donald J. Trump’s inauguration as the 45th president of the United States of....